Fibonacci Friendly GLD.

GLD is a very Fibonacci friendly stock.Watch the Fib. levels. I will be watching DZZ long for a quick trade if gold is week.

Few Strong Charts.

These stocks handled Friday's sell off pretty well. Lets keep an eye on them next week.

Long Picks For 11/24/2009: SFD,CAAS

Long Setups For Next Week.11/23/2009.

NVEC Short And Few Long Setups.

I posted NVEC short setups few days ago here. NVEC failed to take out 200 DMA on the daily chart.A break below 20 DMA and whole number 40 colud make this stock plunge.



Few Long Ideas:

Picks For 11/18/09 : MTL,SLH

Keep an eye on this two stocks. Basic Material stocks are very strong and MTL might break out here.I also like SLH with some volume.

Picks For 11/17/09 : SGY,XRTX

Long Setups For Next Week.

The charts below looks really good on the long side.If the market doesn't fall apart next week,these setups should work.Be nimble, take profit quickly, keep lose to a minimum.Good Luck.

COT,ENS,GOL,HLF,HMIN,IP,MCK,MELI,MGA,MXB,QTM,WG,SWKS,YGE

NVEC. Beautiful Short Setup.

Keep an eye on NVEC next week. This stock looks week.As long it stays below 200 day moving average, it could be shorted.

Two Long Setups for 11/11/2009

RRC,GNW could work tomorrow if Market behaves.

Long Setups for Next Week.

If the market is strong/neutral next week,the following charts could work in the long side.